Securities code: 002323 securities abbreviation: * ST Yabo Announcement No.: 2021-102 Shandong Yabo Technology Co.Ltd(002323)
Announcement on adding daily connected transactions in 2021
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Basic information of daily connected transactions
(i) Overview of daily connected transactions
The 14th meeting of the 5th board of directors of Shandong Yabo Technology Co.Ltd(002323) (hereinafter referred to as “the company”) deliberated and approved that due to the needs of daily operation, Huangshan Puman Supply Chain Management Co., Ltd. (hereinafter referred to as “Puman supply chain”) controlled by the company and its subsidiaries acting in concert with Mr. Lu Yong, the actual controller of the company, has necessary daily connected transactions, In 2020, the actual amount of the company’s daily connected transactions was 0 million yuan, and the total amount of daily connected transactions in 2021 was 6 million yuan.
（2） New related party transaction category and amount
Related party transactions related party transactions related party transactions are scheduled to be added in 2021. As of the disclosure date, the amount of the principle limit of alternative content price in 2020 has been incurred
Purchase from related parties
Raw materials and Pu man’s supply materials shall be purchased according to the market price of 6 million yuan, 4.783 million yuan and processing fee of 0 million yuan
（3） Actual occurrence of daily related party transactions in the previous year
Actual amount of related party transaction related party transaction actual amount of related party transaction related party transaction content estimated amount in the proportion of similar business and new amount (%) difference (%)
Purchase from related parties
Purchase of raw materials and materials supplied by Pu man: RMB 0 million 0% 0%
Processing fee chain purchase
2、 Related person introduction and related relationship.
(i) Basic information:
Company name: Huangshan Puman Supply Chain Management Co., Ltd
Registered address: No. 1, chengjiashan village, Fengwu village, Biyang Town, Yi County, Huangshan City, Anhui Province
Company type: limited liability company (Hong Kong, Macao and Taiwan investment, non sole proprietorship)
Registered capital: 50 million yuan only
Legal representative: Huang Xiaolei
Business scope: general items: supply chain management services; Software development; General cargo warehousing services (excluding hazardous chemicals and other items requiring license and approval); Enterprise management consulting; Corporate image planning; Marketing planning; Loading, unloading and handling; Information consulting services (excluding licensed information consulting services); Technical services, technical development, technical consultation, technical exchange, technology transfer and technology promotion; Information system integration service; Sales of special electronic equipment; Edible Shenzhen Agricultural Products Group Co.Ltd(000061) wholesale; Food Shenzhen Agricultural Products Group Co.Ltd(000061) retail; Sales of class I medical devices; Sales of class II medical devices; Wholesale of daily necessities; Sales of daily necessities; Non ferrous alloy sales; Sales of metal materials; Timber sales; Cork products sales; Sales of daily wood products; Sales of rubber products; Wire and cable business; Sales of electronic products; Sales of communication equipment; Retail of computer software, hardware and auxiliary equipment; Sales of knitwear and textiles; Clothing wholesale; Clothing retail; Manufacturing of Arts and crafts and ceremonial articles (except ivory and its products); Wholesale of motorcycles and spare parts; Retail of motorcycles and spare parts; Auto parts retail; Lubricating oil sales; Wholesale of refined oil (excluding hazardous chemicals); Sales of petroleum products (excluding hazardous chemicals); Sales of chemical products (excluding licensed chemical products); Sales of coal and coal products; Sales of building materials (in addition to the licensed business, it can independently operate projects not prohibited or restricted by laws and regulations) licensed projects: import and export agents; The latest financial data of food business (sales of prepackaged food) (for projects subject to approval according to law, business activities can be carried out only after approval by relevant departments): as of December 31, 2020, the total assets were 54.7317 million yuan, the net assets were 22.2843 million yuan, the operating income was 33.1636 million yuan and the net profit was 4.3501 million yuan.
Relationship with listed companies: Huangshan Puman Supply Chain Management Co., Ltd. is a company controlled by Mr. Lu Yong, the actual controller of the company.
Huangshan Puman Supply Chain Management Co., Ltd. does not belong to the dishonest executee of the Supreme People’s court.
（2） Performance capability analysis
The related parties exist in accordance with the law, operate normally, have good financial condition and have corresponding ability to perform.
3、 Pricing basis and settlement method of related party transactions
1. Pricing basis of related party transactions
The business transactions between the company and related parties belong to normal business transactions, the procedures are legal, and are treated equally with other business enterprises. The transaction price is determined according to the market principle. The pricing is fair and reasonable. It is determined by both parties through equal negotiation. There is no benefit transfer and other phenomena.
2. Signing of related party transaction agreement
The above connected transactions shall be executed in accordance with the agreements or contracts actually signed by both parties.
4、 Purpose of related party transactions and its impact on Listed Companies
1. The transactions between the company and related parties are newly added to meet the daily business needs of the company. The transactions follow the law of market economy and adopt the principles of equality, voluntariness and mutual benefit. The prices of the above related party transactions are fair and reasonable, safeguarding the interests of both parties to the transaction and not damaging the interests of minority shareholders of the company. 2. The above daily connected transactions have no impact on the independence of the company, and the main businesses of the company and its subsidiaries will not rely on connected persons due to such transactions.
5、 Prior approval and independent opinions of independent directors
The company submitted relevant materials to the independent directors in advance. The independent directors conducted a prior review and agreed to submit the transaction to the 14th meeting of the Fifth Board of directors for deliberation.
After deliberation at the 14th meeting of the 5th board of directors, the independent directors of the company agreed to the above related party transactions and expressed their independent opinions as follows: the daily related party transactions between the company and related parties are required by the company’s daily business activities and do not have a significant impact on the company’s financial status and operating results, The company’s main business will not rely on related parties due to related party transactions. The price of related party transactions of the company shall be determined according to fair and reasonable pricing policies and with reference to the market price, which will not damage the interests of the company and the majority of small and medium-sized investors. During the deliberation and voting of the board of directors, the approval procedures comply with the requirements of the stock listing rules and the articles of association of Shenzhen Stock Exchange.
6、 Documents for future reference
1. Shandong Yabo Technology Co.Ltd(002323) resolution of the 14th meeting of the Fifth Board of directors;
2. Prior approval opinions of independent directors on relevant proposals of the 14th meeting of the 5th board of directors;
3. Independent opinions of independent directors on matters related to the 14th meeting of the 5th board of directors.
It is hereby announced.
Shandong Yabo Technology Co.Ltd(002323) December 31, 2021
